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Sep 8, 2010
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. >> reporter: economist ellen zentner says it could provide a critical boost to a fragile economy. >> right now business investment spending is accounting for about 7-10% of economic growth. that's not chump change. >> reporter: even conservative economists embraced the idea. >> he should have proposed this right at the very beginning. >> reporter: kevin hassett of the american enterprise institute says the incentives could add as much as 10% to equipment spending, or about $100 billion. more importantly, he says, it could change the national mood. >> i think at some point americans are going to finally say that the worst is behind us and that we're ready to boom again and this is the kind of proposal that could change the psychology and create the positive momentum we need to really get out of this malaise. >> reporter: the white house says the final cost of the incentives would be about $30 billion. the administration is also proposing a permanent extension of the research and development tax credit. katie? >> couric: all right. anthony mason, anthony, thanks so much. let's go to o
. >> reporter: economist ellen zentner says it could provide a critical boost to a fragile economy. >> right now business investment spending is accounting for about 7-10% of economic growth. that's not chump change. >> reporter: even conservative economists embraced the idea. >> he should have proposed this right at the very beginning. >> reporter: kevin hassett of the american enterprise institute says the incentives could add as much as 10% to equipment...
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Sep 8, 2010
09/10
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he ellen, what are you doing? just brewing up some dunkin' donuts coffee -- want some? [ whoosh! ] i'd love some. one taste, and you'll understand. delicious dunkin' donuts coffee. pick some up where you buy groceries. america runs on dunkin'. >>> a late-night vote saves three schools in contra costra county. coming up, we'll tell you where the money might come from and why one council member has some concerns about the whole thing. that story, straight ahead. >>> plus, new details just out this morning on the worst environmental disaster in our nation's history. we'll show you who bp says is to blame. >>> and an early on for the metering lights at the bay bridge causes ripple effects around the bay as i follow yet another cig alert, also in the east bay. i'll show you what to avoid and where to go, coming up. >>> good morning. thanks for joining us. i'm laura garcia-cannon. >> and i'm garvin thomas, in for brent cannon. rob's got a look at today's cool forecast. and by cool, i mean, not warm. >> november-like outside. right now, our main concern this morning, drizzle, which is e
he ellen, what are you doing? just brewing up some dunkin' donuts coffee -- want some? [ whoosh! ] i'd love some. one taste, and you'll understand. delicious dunkin' donuts coffee. pick some up where you buy groceries. america runs on dunkin'. >>> a late-night vote saves three schools in contra costra county. coming up, we'll tell you where the money might come from and why one council member has some concerns about the whole thing. that story, straight ahead. >>> plus, new...
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Sep 8, 2010
09/10
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ellen, pennsylvania. caller: good morning. that lady that was just on, she is the worst one going. i think that the tea party is a dirty name in it is so long. host: why? caller: the tea party gets a bad name, they are human beings and they have an opinion. host: what you think of "the wall street journal"? republicans need to be pragmatic? if you have a tea party candidate they cannot win in a general election, is it wise to vote for a more moderate republican? caller: yes. host: you do? caller: yes. host: would you call yourself a moderate? caller: i can, but i do not want to. you know why? there are so many hot heads on the other side. obama is doing so much for the unions and frankly, i think they will ruin my country. host: in this -- pennsylvania senate race, do you think that pat to me is a moderate? caller: i think that he is very sensible. host: james, democratic line, your next. caller: i think that the bankers are backing up the republican party. why? they are deliberately tying up the money. why? they want to republicans in. why? tax breaks. when you make $200 million p
ellen, pennsylvania. caller: good morning. that lady that was just on, she is the worst one going. i think that the tea party is a dirty name in it is so long. host: why? caller: the tea party gets a bad name, they are human beings and they have an opinion. host: what you think of "the wall street journal"? republicans need to be pragmatic? if you have a tea party candidate they cannot win in a general election, is it wise to vote for a more moderate republican? caller: yes. host: you...
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Sep 8, 2010
09/10
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ellen, pennsylvania. caller: good morning. that lady that was just on, she is the wst one going. i think that the tea party is dirty name in it is so long. host: why? caller: the tea party gets a bad name, they are human beings and they have an opinion. host: what you think of "the wall street journal"? republicans need to be pragmatic? if you have a tea party candidate they cannot win in a general election, is it wise to vote for a more moderate republican? caller: yes. host: you do? caller: yes. ost: would you call yourself a moderate? caller: i can, but i do not want to. you know why? there are so many hot heads on the other side. obama is doing so much for the unions and frankly, i think they will ruin my country. host: in this -- pennsylvania senate race, do you think that pat to me is a moderate? caller: i think that he is very sensible. host: james, democratic line, your next. caller: i think that the bankers are bacng up the republican party. why? they are delirately tying up the money. why? they want to republicans in. why? tax breaks. when you make $200 million per year
ellen, pennsylvania. caller: good morning. that lady that was just on, she is the wst one going. i think that the tea party is dirty name in it is so long. host: why? caller: the tea party gets a bad name, they are human beings and they have an opinion. host: what you think of "the wall street journal"? republicans need to be pragmatic? if you have a tea party candidate they cannot win in a general election, is it wise to vote for a more moderate republican? caller: yes. host: you do?...
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Sep 8, 2010
09/10
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our two chief negotiators, rose and ellen are here, and they did a terrific job, and we've had a very positive endorsement of it by former secretaries of state and defense of both parties, the joint chiefs have come out, everybody's come out for it. and, you know, it's a pitical issue. i wish it weren't because most of these treaties, you know, pass 95-0, 90-3. they have huge overwhelming majorities in the senate. but we know that we have, you know, political issues that we have to address which we are and talking to those who have some questions. but i hope at the end of the day the senate will say, you know, some things should just be beyond any kind of election or partisan calculation and that everybody will pull together and we'll get that s.t.a.r.t. treaty done which i know from my own conversations, it'seen as a really important symbol of our commitment to continue working with the russians. >> just one last question, then i'll open it up to our members. you're about, as you said, to head back to the middle east for the resumption of the israeli/palestinian talks. the op-ed page
our two chief negotiators, rose and ellen are here, and they did a terrific job, and we've had a very positive endorsement of it by former secretaries of state and defense of both parties, the joint chiefs have come out, everybody's come out for it. and, you know, it's a pitical issue. i wish it weren't because most of these treaties, you know, pass 95-0, 90-3. they have huge overwhelming majorities in the senate. but we know that we have, you know, political issues that we have to address...